Your Indian customers can make payments using local payment methods such as UPI, credit cards, debit cards and netbanking. The funds are settled in your overseas bank account. Know more about Import Flow.
Onboarding RequestPlease fill out the form to sign up. Someone from our team will reach out to get this service activated on your account. Handy Tips
- SWIFT-enabled bank account is mandatory for international settlements.
- All sections such as Privacy Policy, Pricing, About Us, Contact Us, Refund Policy and Shipping Policy (if selling physical goods) of your website must be updated with accurate and current information before submission.
Below are the onboarding documents required for companies and businesses to activate Razorpay’s Import Flow. Document Categories
KYC Documents Required for Account Activation
Document Type | Required Documents | Important Notes
Proof of Identity of Authorised Signatory | Passport/Driving license of Authorised Signatory | Address must be clearly visible.
Proof of Address of Authorised Signatory | Passport/Driving license of Authorised Signatory | Address must be clearly visible.
Authorisation Documents | Power of Attorney or Board Resolution | Must explicitly authorise signatory for Razorpay services.
Company Registration | Certificate of Incorporation | Must show complete company name and registration number.
Board Resolution Template or Power of Attorney
- A Board Resolution is a formal record of the directors’ approval granting that authority.
- A Power of Attorney is a legal document that allows someone to act or sign on behalf of a company.
This template includes:
- Explicit authorisation for international payment acceptance.
- Clear designation of authorised signatory for Razorpay Merchant Services.
- Authority to link bank accounts and handle transactional matters.
- Authority to submit KYC documentation and compliance requirements.
Refer to the Board Resolution Template.
Handy TipThe Board Resolution must explicitly mention Razorpay Merchant Services and authorisation for accepting international payments in India. Use the template and customise it with your company details.
Purpose Codes for International Transactions
When accepting payments from Indian customers, you must select the appropriate purpose code. This code is mandatory per RBI regulations and categorises the nature of your transaction.
Import (Goods)
Category | Description
S0101 | Advance payment against imports made to countries other than Nepal and Bhutan.
S0102 | Payment towards imports - settlement of invoice other than Nepal and Bhutan.
S0103 | Imports by diplomatic missions other than Nepal and Bhutan.
S0108 | Goods acquired under merchanting/payment against import leg of merchanting trade.
Transport Services
Category | Description
S0201 | Payments for surplus freight/passenger fare by foreign shipping companies operating in India.
S0202 | Payment for operating expenses of Indian shipping companies operating abroad.
S0203 | Freight on imports - Shipping companies.
S0204 | Freight on exports - Shipping companies.
S0205 | Operational leasing/rental of vessels (with crew) - Shipping companies.
S0206 | Booking of passages abroad - Shipping companies.
S0207 | Payments for surplus freight/passenger fare by foreign airlines companies operating in India.
S0208 | Operating expenses of Indian airlines companies operating abroad.
S0209 | Freight on imports - Airlines companies.
S0210 | Freight on exports - Airlines companies.
S0211 | Operational leasing/rental of vessels (with crew) - Airline companies.
S0212 | Booking of passages abroad - Airlines companies.
S0214 | Payments on account of stevedoring, demurrage and port handling charges (Shipping companies).
S0215 | Payments on account of stevedoring, demurrage and port handling charges (Airlines companies).
S0216 | Payments for passenger - Shipping companies.
S0217 | Other payments by shipping companies.
S0218 | Payments for passenger - Airlines companies.
S0219 | Other payments by airlines companies.
S0220 | Payments on account of freight under other modes of transport (Internal waterways, roadways, railways, pipeline transports and others).
S0221 | Payments on account of passenger fare under other modes of transport (Internal waterways, roadways, railways, pipeline transports and others).
S0222 | Postal and courier services by air.
S0223 | Postal and courier services by sea.
S0224 | Postal and courier services by others.
Travel Services
Category | Description
S0301 | Business travel.
S0303 | Travel for pilgrimage.
S0304 | Travel for medical treatment.
S0305 | Travel for education (including fees and hostel expenses).
S0306 | Other travel (including holiday trips and payments for settling international credit cards transactions).
Insurance and Pension Services
Category | Description
S0601 | Life insurance premium except term insurance.
S0602 | Freight insurance - relating to import and export of goods.
S0603 | Other general insurance premium including reinsurance premium and term life insurance premium.
S0605 | Auxiliary services including commission on insurance.
S0607 | Insurance claim settlement of non-life insurance and life insurance (only term insurance).
S0608 | Life insurance claim settlements.
S0610 | Premium for pension funds.
S0611 | Periodic pension entitlements for example monthly, quarterly or yearly payments of pension amounts by Indian pension fund companies.
Category | Description
S0801 | Hardware consultancy/implementation.
S0802 | Software consultancy/implementation.
S0803 | Database, data processing charges.
S0804 | Repair and maintenance of computer and software.
S0805 | News agency services.
S0807 | Off-site software imports.
S0808 | Telecommunication services including electronic mail services and voice mail services.
Other Business Services
Category | Description
S1003 | Operational leasing services (other than financial leasing) without operating crew, including charter hire - Airlines companies.
S1004 | Legal services.
S1005 | Accounting, auditing, book-keeping services.
S1006 | Business and management consultancy and public relations services.
S1007 | Advertising, trade fair service.
S1008 | Research and development services.
S1009 | Architectural services.
S1013 | Environmental services.
S1014 | Engineering services.
S1015 | Tax consulting services.
S1016 | Market research and public opinion polling service.
S1017 | Publishing and printing services.
S1020 | Commission agent services.
S1021 | Wholesale and retailing trade services.
S1022 | Operational leasing services (other than financial leasing) without operating crew, including charter hire - Shipping companies.
S1023 | Other technical services including scientific/space services.
Personal, Cultural and Recreational Services
Category | Description
S1103 | Radio and television production, distribution and transmission services.
S1104 | Entertainment services.
S1105 | Museums, library and archival services.
S1106 | Recreation and sporting activities services.
S1107 | Education (for example fees for correspondence courses abroad).
S1108 | Health service (payment towards services received from hospitals, doctors, nurses, paramedical and similar services rendered remotely or on-site).
S1109 | Other personal, cultural and recreational services.
Manufacturing Services
Category | Description
S1701 | Payments for processing of goods.
Accept International Payments From Indian Customers 